Lyon coach Pierre Sage has been fired despite leading the French league club out of a crisis last season and having the team within reach of a Champions League place in this campaign. His dismissal on Tuesday followed a 1-1 draw with Nantes in Ligue 1 over the weekend and left many observers baffled.

: Lyon sack coach Pierre Sage

Pierre Sage has been dismissed as Lyon head coach, the Ligue 1 club has announced. The French coach was told on Monday by Olympique Lyonnais owner and president John Textor that he would no longer

Sage Therapeutics has rejected the unsolicited acquisition offer it received earlier this month from longtime partner Biogen Inc.

Following a lawsuit filed last week, Sage has officially rejected Biogen’s unsolicited buyout offer, which valued the embattled biotech at just $469 million.

After receiving and considering an "unsolicited" buyout offer from partner Biogen, Sage Therapeutics is kicking the tires on a range of strategic options. | The company's board of directors unanimously rejected partner Biogen's $469 million buyout proposal,